State pension triple lock rise could cost UK extra £3bn a year - BBC Newsnight
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- Опубликовано: 18 окт 2024
- Nurses in the UK are expecting a one percent pay rise - but a manifesto guarantee could see pensioners get eight times as much. Is it time to wave goodbye to the Conservatives’ triple lock promise? Please subscribe HERE bit.ly/1rbfUog
Retired people in the UK could see a bumper rise in the state pension next year, according to official forecasters.
Predictions suggest that the link with earnings growth could mean an 8% rise in the amount paid from April 2022.
That would cost the UK government £3bn more than previously expected, according to the Office for Budget Responsibility.
Will the UK government stick to its manifesto pledge and pay up, whatever the political and financial hit?
Newsnight’s political editor Nick Watt and economics editor Ben Chu report.
Emily Maitlis is joined by former work and pensions secretary David Gauke, NUS president Larissa Kennedy and the TUC’s Kate Bell.
#Newsnight #BBCNews
Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
Website: www.bbc.co.uk/...
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8% of not much isn't much let's look at MPs pensions first.
They already stole five years of people's pension.
Until that is returned to the people any petty handful of coins thrown to us is an insult.
“Britain created more new billionaires during the pandemic than in any year since The Sunday Times Rich List was launched 33 years ago.
This year’s annual wealth rankings identify 171 billionaires, 24 more than in 2020.
Their combined fortunes have risen to £597.269 billion, up 22 per cent in 12 months despite the wider economic impact of the coronavirus.”
Levelling-up the Tory way.
@@public.public where did you get that data
"rises in the state pension are likely to benefit young people." Very much doubt that. With the retirement age rising and the tax hikes coming down the road, most of us will be living the next 20 years with our belts buckled even tighter.
The great grandparents and grandparents,, now quite often expected to care ( usually free as done for love) for their grandchildren, because the truth is bringing up children is hard work, low paid as,regarded as women's work as is care for the elderly and the nurses often doing the work of inexperienced junior doctors in the NHS, but not given the same respect And how many parents, not working from home moaned and groaned when forced to spend 24/ 7 time with their own children in lockdown? The elderly pensioners had two weeks holiday a year not frequent travel abroad, bought homes on 15% interest and no free childcare or working tax credit..
Millennials were duped when ,told the world is their oyster,. They can trave and work anywhere inl the world,,pay little in and expect the people who stay put to keep everything running fir them,, in case they decide to come back.
Meanwhile mass immigration was, encouraged from the professional,, but unemployed in the EU,,who are often tri or bi lingual and were thankful to have jobs in the UK as it gave them the marketable skill of the English language
Not the elderly pensioners who caused the problems,, it is the bankers and elite champagne socialists in the EU.
Fuck old people use ain’t getting a rise in your pension use do fuck all for it anyway ungrateful motherfu*****!!
@@janicebirch7522 Did you vote Leave
the money that has disappeared on track and trace could increase the pension by 100% without any more tax payers money being spent
ruclips.net/video/Fm-2wUwX8UU/видео.html
What has it got to do with the post office?
Remember. 8 per cent of very little is very little. Pensioners will remember being double crossed and vote accordingly.
Thanks. Pensioners are neglected. Why. Because they don't make a fuss. They just eat less. They have less or no heating in Winter. We need a Pensioner Party or Union.
So once the triple lock is in favour of pensioners, the government is going to ditch it, if they do its time to ditch the Tories.
And vote for who instead? Labour, Greens, Lib Dems?? 😂😂😂 You people are deluded, entitled and pathetic, the triple lock has always been for the grey vote, it's not a rational policy especially considering the anomalous increase in earnings after the pandemic. The state pension should be tied to inflation alone, whether it is CPI or RPI it doesn't matter, old people have cost this country too much already in terms of the pandemic.
I put the blame squarely on da Home Office for bringing in Sunak and Javid and Patel and Van Tam and Zahawi, etc
So what do you envisage that this country do, @@mudss8294, kill us all off when we have the audacity to approach State Pension age? It certainly sounds that way especially when you come out with such bullshit as '....old people have cost this country too much already in terms of the pandemic.', doesn't it? I hope that you include yourself in your proposed euthanasia programme when you reach pension age. By the way, if it wasn't for old people in the past you wouldn't even have a f*cking country to moan about, would you?
Incidentally, why do you automatically assume that all of us that are on State Pension are voters - grey or otherwise - when a lot of us aren't? I've made a point over the decades not to have my name on my local Electoral Registries therefore I can't vote for any politician therefore your assumption is obviously wrong once again, isn't it?
@@Phil_A_O_Fish The median age of death for COVID-19 is 83 in the UK. www.ons.gov.uk/aboutus/transparencyandgovernance/freedomofinformationfoi/averageageofthosewhohaddiedwithcovid19
It is indisputable that the measures brought in during the pandemic have devastated the economy to prolong the lives of those past the UK's life expectancy (81.3). Seniors who in all likelihood will die from some other complication associated with old age in a short period of time.
Nice to hear that oh so common adage, 'you wouldn't even have a f-ing country to moan about'. When those who are 83 would be 1 years old at the outbreak of the war, the Greatest Generation are simply not here anymore or are far and few between.
And the straw man, concerning euthanasia for the elderly doesn't even warrant a response. Anecdotal evidence concerning yourself bears no relation to the fact that the government spent £95.5 billion on the state pension in 2019 (11.3% of the government's total spending), so an unwarranted increase will be a significant cost to taxpayers who have seen their earnings fall in 2020 and are only seeing a resurgence now.
What is so preposterous about a government making those who benefited most from the pandemic restrictions pay their fair share?
So how have any of us - of whatever age - benefited from the deaths of over 128,000 people of all ages here in the U.K., @@mudss8294?
If my straw man as you put it doesn't even warrant a response then why have you responded to it?
More importantly have YOU paid your fair share financially speaking during this pandemic? If not then why not?
Most of us on State Pension have already paid our ways throughout our entire working lives in order to benefit from the system that we have n this country therefore why on Earth would we want to pay even more for those things that are our rights after we retire?
When it comes to monstrous thinkers like you I don't much care either way because until you reach the age of 66 then there's sweet F.A. that you can do about our system of taxation and National Insurance, is there? By that time hopefully your proposed mandatory euthanasia law at age 66 will come into force and the rest of humanity will be well rid of people like you, won't it?
Oh how shocking.😱😱😱 Do you realise that if Sunak keeps the £20 uplift on Universal Credit that will cost 6.5 billion for people who could and should work. Pensioners have worked and worked bloody hard.
£840 per roll of wallpaper, £200,000 to refurbish a flat.
so ?
Don't buy new wallpaper then...
And £32,000 wasn’t enough!!!??!
@Pyre of Zion but that hasn't anything to do with this, its not even a hard concept to grasp. people with money spend money on things you can't afford, learn to cope ?
@@tam8197 I think it’s time you went on a joined up writing course. Eat more fish, happy fish, and grow a brain. So !!!!
What’s 3billion more compared to debt Boris and his goons have done to us anyway
they already STOLE five years of pension from the people. And still they refuse to tax the billionaires.
“Britain created more new billionaires during the pandemic than in any year since The Sunday Times Rich List was launched 33 years ago.
This year’s annual wealth rankings identify 171 billionaires, 24 more than in 2020.
Their combined fortunes have risen to £597.269 billion, up 22 per cent in 12 months despite the wider economic impact of the coronavirus.”
Levelling-up the Tory way.
@@public.public Yeah! But please don't forget that as David Gauke said: "the markets are going to start to question what decision can you make". Which means that if the decisions taken are not upon the liking of the same people you are taking about, or the same banks who practically "run these markets" they will their usual weapons: all that it took to plunge Lebanon in a civil war was a short of their currency and a factory explosion! The National Bank got "incapacitated" and the government was asked to step down for disobedience!
I am not a fan of Johnson, and this is probably because he is obedient to all the wrong guys!
I understand it hurts the coffers but just keep the triple lock for pensioners. Don't touch the pensions or the NHS and you'll win elections
That's their motive for seeking power, that and filling their own pockets.
Calls to relax the trip!e lock are only made when there is a chance that pensions might be of value. There is a good chance that inflation is set to rise dramatically. The state pension is a 40 plus year contract between the citizen and the government. A contract that the government constantly attempts to renege upon when it comes to paying out.
No it’s a load of unfounded liabilities created by boomers with the assumption their kids should pay. It is immoral. Pensions need to start at 75. They were never designed to cover more years of idleness than work.
@@Cassp0nk it is a fault of the system that the current working generation that pays the state pension. The money paid in during a working life should be used to provide the pension. The problem is that private pensions that work that way are robbed by the management charges of the pension companies. These charges are risk free, as there is no obligation for the management to make the pension investments to perform. No matter how you look at it, the pensioners are robbed and yet the government expects workers to save for their retirement.
Manifesto promise ..if the government renage on that ..they will lose my safe vote ..and they bloody know that ..we paid in for the pensions all our working lives and as wages rose so did our contributions it would be very unfair and frankly a death nail for the Tories to renage
@@Cassp0nk Mismanagement of our pension pots by all Governments has caused these issues. I find the term baby boomer or boomer deeply insulting. I am tired of being blamed for Government failings I have paid into the system since I was 15 years old, I retired at age 68 I deserve to retire and to enjoy my retirement on the pension that I earned. Furthermore, I don't deserve or accept any blame for any short falls caused by this Government and subsequent Governments. They are playing a dangerous game, messing with the Pensioners we might be old, but don't assume that we are too weak to fight back.
the youth need to realize they will get old too and that we have lowest pensions in europe , be good to catch up
ruclips.net/video/Fm-2wUwX8UU/видео.html
And many people now on state pension, were in private employment and businesses, kicked to the kerb ( no furlough or help ) in the credit crisis and never recovered, because the UK PEOPLE'S hard earned GDP was thrown at the EUC to protect their generous state pensions and all pensions in Europe and still paying!
@@janicebirch7522 So you think that we would be better off still in the EU, getting those much better pensions? I think that you are right.
@@majordendrocoposBecause the UK and England especially are paying for the pensions of all the EUC and their bureaucrats.
@@janicebirch7522 I suppose that must be your opinion. I certainly haven’t seen any evidence to support what you say.
Yet HS2 is perfectly fine? 🤣
Government ain't gonna pay 8% rise to pensioners they would rather house immigrants that's not me hating just being realistic
I put the blame squarely on da Home Office for bringing in Sunak and Javid and Patel and Van Tam and Zahawi, etc
Lol yes it’s all about immigrants isn’t it got nothing to do with the rich getting richer who don’t get taxed adequately. The government being incompetent. Why do you people always think the government spends so much money on immigrants? Are you stupid or deluded? My generation will never reach the pension age, also why don’t people have private pensions?
The Uk pension is one of the lowest in Europe. 8% of a low pension is not that big of an increase.It was the lib dems in the Coalition that called for the triple lock because pensions were falling behind over years.So much for an end to austerity after 10yrs. It will continue on stilts
Wonder what kind of a pay rise they’ll give themselves next
Monthly; UK £788.26 Germany £1,170.14 Remind me, who won the war 🤔
Those pensioners that consistently and understandably vote for the Tories are not going to be happy with this I bet.
Anyone under 40 who are getting the shit end of the stick for the last 2 years won't be happy with this
I think anyone who thinks the Tories and Labour will get a different result needs a head check. Vote Labour start the shit show again but from a different perspective. It same side of a very old crappy worthless coin.
Millions of ' those' pensioners lost everything under Labour ( Blair / Brown) love affair with the champagne socialist EUC and their BANKERS in the credit crisis.. NEW LABOUR AND ITS REMAINDERS encouraged to do as they liked and sold off most of our hospitals to make Brown's ' books', look prudent.
'Those ' pensioners, many who saved hard ( hardly any holidays ) to buy homes on 15 % interest before the credit crisis, were not protected and saw their jobs in the private sector scrapped, their homes and savings lost as they were not allowed to use any private pensions they did have to pay mortgages and loans.
' Those' pensioners, many now on a state pension, through bad EU centric government policy in the credit crisis,.forced to sell modest homes for care and THEIR STATE PENSION is taken from them when in hospital and in care homes to pay salaries for the elderly care in the NHS and in care homes.
Factor the triple lock LOSS to elderly social care and for people who only have a state pension in an increasingly, ageist society.
People who had few holidays and welfare, are dying due to a Covid pandemic, but the majority of people's concern is their next holiday abroad.
Is this because we were made the workhorse slave consumers of the EUC and travel is big business for the EUC?
@@janicebirch7522 good! Goodbye to the triple lock! They can help the country in its brexit and covid recovery by taking less off the taxpayer. Remove the triple lock!
@@ffi1001 They should not remove the triple lock, but means test it. There are millions of people on generous, public sector and private pensions, who may not need the increase or fuel benefit in the winter. However, there are far more millions of people, who through no fault of their own LOST,,jobs, savings, homes, pensions in the so called ' unprecedented ' credit crisis the experts, failed to see coming,. The state pension is all they have and due to AGEISM, often cannot work and if they do are taxed on their state pension.
Remember too the state pension is taken from people if they spend more than two weeks in hospital and when they go into CARE HOMES AND millions of people were made to sell their often modest homes, bought by some at 15% interest for the ' cradle to grave healthcare they were promised.
As a WASPI I already lost six years of my pension...got no financial support during lockdown and am now going to get less pension when I reach it?!
@@anthonypurvis1748 we still don't have equal pay...
@@anthonypurvis1748 yet still it is not equal pay for equal work. Check the stats. Laws are not enforced. Just paper tokenism.
@@anthonypurvis1748 just Google 'equal pay for women still not happening'. Do some research before shouting at women online.
@@anthonypurvis1748 Women were allowed to retire at sixty because it was recognized that childbirth took a heavy toll on a woman's body because of that it was decided that a woman could retire earlier than men. When we did work, we were paid a lot less than men for doing the same job.
I would like to see them live on £560 a month! And pensioners have worked most of their lives to receive this pittance! The young people will be old one day, so they should support the old folk getting a small rise in pension each year, we should all support each other, and not be divided by envy or jealousy or propaganda!
I am in favour of removing the triple lock and will support any party that will do it in the next general elections. As far as I see it the older generations ruined our futures by voting for brexit so I don’t see why the older generation can’t help the country out economically by having to give up some of that pension pot. REMOVE THE TRIPLE LOCK!
@@ffi1001 Define older generation? People of all ages voted to Brexit. Especially people outside EU Centric London. Fed up with being told the EUC is so good for them, but kicked to the kerb in the process Only good for the EU bureaucrats and anyone who has had any public office linked to the EU. Fat cat salaries,and high pensions for them and the UK people and frail elderly especially, have paid the price to keep them for years,
@@ffi1001 and what do you live on per month dear? You will eat your words when you are a pensioner, believe me!
Yet the MP's can give themselves much more than that!!!
"Clocked this problem " So promises are expensive. No shit sherlock. But we can afford all the illegal immigrants. No cap on that budget.
SPOT ON
Every racist in Britain agrees with you there.
REMOVE THE TRIPLE LOCK! you have to help the country bounce back from covid
@@ffi1001 So that proves that you aren’t a pensioner! Your solution to the problem is just the same as most people. As long as YOU don’t have to lose any money………
@@majordendrocopos and quite a lot of economists
dont use the triple lock and hope the pensioners remember this at the next general election.these corrupt torys need to be out
And replaced by who.
This rise would be an anomalous one, all would be back to normal for the September when the figures used to give the 2023 increase are announced. If Sunak does not hold with the triple lock this year but stands by it in '23 then the Tory party is doomed: the so called grey vote, already squeezed by the low percentage interest on savings, will surely dump them.
Most old people don't know which planet they're on, so there's no need for the politicians to bite their fingernails.
Did this bloke say a MASSIVE rise in state pension ? At 8% mine would rise £12 without the wages part of the triple the rise would be about £4.50 , so £7.50 is a massive amount ???, Even with 8% it is still less than half the national minium wage ,
@@None-zc5vg We were brought up the hard way and were taught to work hard or do without. We were also brought up with manners and to have a deep respect for our elders. Comments like your only highlight your lack of intelligence.
Well, prices have gone sky high down the high street. Those on pension credit are hardest hit today..no.one in the government could live on pension credits.
Pensioners, the most oppressed class..
ruclips.net/video/Fm-2wUwX8UU/видео.html
This Government is a joke🤪There AMAZING at lining each other’s pockets Though 😡😡💷💷💷💷💷💷
Every government I've known have done the same thing, don't think this one is any different.
Coming from MPs who just got a £60.00 a week rise. So a pensioners 8% rise would give them €16 .00 a week rise??? when everthing is going up weekly it is still a pittance, these jokers aren't getting my vote again.
Politicians need to remember that retired people vote. The Tories will be out on their ear if they continue in their present plans.
Being a senior citizen my self having worked all my life payed my tax am legal in this country not avoiding paying tax like some of society to your speaker speaking if this pose were living on existing on peanuts who deserve to be paid a decent pension why should pensioners live a frugal life to accomadate many who are living in this country with fake I d to allow them to work drive or if something changes they just live of the benefit system this should not be a discussion this should be passed without any further questions on media or television bearing in mind the tax payer will be paying your salary to discuss what a pensioner should reciev get a life poeple and be proud of the pensioners who fought and grafted all there life we as people. Worked very hard
a few pennies thrown to the people does not make up for the 5 years of pension STOLEN by the conservative party who continue to refuse to tax the billionaires.
“Britain created more new billionaires during the pandemic than in any year since The Sunday Times Rich List was launched 33 years ago.
This year’s annual wealth rankings identify 171 billionaires, 24 more than in 2020.
Their combined fortunes have risen to £597.269 billion, up 22 per cent in 12 months despite the wider economic impact of the coronavirus.”
Levelling-up the Tory way.
Considering how many billions have been wasted on track and trace, or poured into the pockets of Matt Handcock's mates for non-existent PPE contacts, only 2 billion quid to support pensioners seems like an insult.
Tories will get booted out end off
They should not stop the triple lock we have the lowest pensions in Europe.
I don't think they should stop the triple lock but that claim about the lowest pensions is misleading. It's very complicated but this explains it in more detail. fullfact.org/europe/pensioners-eu-uk/
Brake the pledge and you won’t have our votes and by the way bbc please show how we compare with our nearest neighbours ie Europe 🇬🇧🇬🇧🇬🇧🇬🇧🏴🏴🏴✊🙏👍
they already STOLE five years of pension from the people. And still they refuse to tax the billionaires.
“Britain created more new billionaires during the pandemic than in any year since The Sunday Times Rich List was launched 33 years ago.
This year’s annual wealth rankings identify 171 billionaires, 24 more than in 2020.
Their combined fortunes have risen to £597.269 billion, up 22 per cent in 12 months despite the wider economic impact of the coronavirus.”
Levelling-up the Tory way.
So entitled. The young are being robbed.
@@Cassp0nk The young are to lazy to vote and by the way have worked since the age fourteen now sixty tree and still at it ✊✊✊🏴🏴🏴
@@martinstevens2925 and the pension was envisaged to cover people for 5 years not 30.
Pension is low in this country .
the assumption every pensioner has additional pensions to the state pension us a misnomer. so many have to decide eat or heat and are dependent upon charity or if they are lucky family for handouts. just try living on state pension
The triple lock was designed to prevent Pensioners from sliding into poverty when inflation rises. If big businesses like Amazon paid fair taxes, there would be no issue about keeping Pensioners out of Poverty. We should not be pitting the young against the elderly, this is dangerous. Pensioners have worked since they were 15 till they were 66 we paid in to the system to get this. It's wrong to take money away from Pensioners who rely on the payments. Many women worked hard for fewer wages than men. Those women could not afford to pay into private pensions, the majority of Pensioners only have their State Pension to live off. The 8% would only amount to about £12 per week average. Food has gone up by £20 per week fuel bills are up and disabled who need a car are paying a lot more for petrol. Try living well of a Pension and you will fail, I wish people would understand that Pensioners are NOT RICH.
What about a 5yr rolling average for wage increases being used for the triple lock?
They worked all their life,, let them have a few years comfortable life, is it too much to ask!?
Disgrace that the government can bail out bonds/gilt pension funds (quantitative easing (QA)) for the rich that were already paid for by (QA) (that is twice paid for by QA) and threaten to quit the triple lock for the poor pensioners. That really does deserve civil unrest of the peaceful kind.
They can't do it because they have already committed that sum to a Tory donor.
Why do the oldies always limit the potential of this country by hogging more wealth. Investing in young people is investing in the country's future.
There goes the "Triple Lock"! Are we down to Double Lock, soon to be "Lock"? In addition, do we still have video evidence of Cameron making that Triple Lock hand gesture in Parliament? Perhaps voters could make the same gesture in the polling booth.
Although I agree with you, who do you put in their place. In over 60 years of different governments, I've never been noticeably better off under any of them. All have looked after themselves first, right from the top, down to local councils.
@@andrewh5457 A Quadruple Lock Party!
As a Conservative voter I for one will not vote for them again if they break the triple lock.
37 billion in a non functional track & trace, billions in contracts to mates & mistresses brother's...
When will people learn....
It's bloody TEST and trace.
Track and trace is a post office service ..get it right please
Raise taxes on the rich to pay for it
ruclips.net/video/Fm-2wUwX8UU/видео.html
Most of the rich are old.
That's what I'd say if I was poor #workharder
@@plotment9098 I'm not poor. The ultra wealthy made TRILLIONS during the pandemic. They need to pay a tax on their gains from the infrastructure the government created to allow their companies to make money. The rich are free loaders. They only take and never pay taxes
@@plotment9098 you're just willfully ignorant
Tories: We keep our word ... as long as we don't have to help normal working people. I mean come on...
What happened to Brexit, it seems to have been stopped in its tracks, half out was NOT what we voted for. Now we will have to vote on the Tory record on Brexit, come the general election, which has really been pathetic in the extreme.
State pension is 157per week 8 per is no big pay rise
One day all these new refugees will expect a form of pension without paying into the coffers. That's if they get a job in the first place.
Apparently, it's OK to pay £38B for an 'oven-ready "track n trace" system, but £3B??? for the people?
All while the NHS system is actually working. Who doesn't think that Blojob will be re-elected?
Track and trace,a post office service?
Ever since i left school, 1975, I've been told to plan for the future, but every government, all parties, keep moving the goal posts,
Perhaps if companies paid taxes then the government would be able to afford these things
who exactly do you have in mind ?
@@tam8197 many to choose from www.bbc.com/news/magazine-20560359
Perhaps if you paid your share of the 14 trillion pound socialst debt. Why are you evading paying the tax on your £600,000 share and its £60,000 increase this year?
@@Nickle314 you Tory’s are the same everywhere 🤣
Happy to throw money at corporate welfare and blinded to the government printing taxpayers money and giving freely to corporate oligarchs… Sew your own stupid seeds….
@@ThexBorg borg ? those companies off shored their hq, as the eu allowed, and paid corp tax in a low corp tax country. its good to see you advocating for brexit. tbf we did say we were going to tax google at its sales source (the uk) and the usa threatened a trade war if we did, good ole' uncle joe bidan, he's a keeper x
If they the same mistake Mrs May's Govt made they will lose the way Mrs May lost. She wanted to do away triple-lock for something that vary rarely happened.
Just divert all your military spending to the people. That's the choice to make.
If we're invaded then we'll just pay tax by to a different gang. Who cares.
A quick google search would have informed that’s impossible as NATO sets targets for members to spend 2% of GDP on defence. Oh, and terrorists.
ruclips.net/video/_hGrWA6sz4c/видео.html .
why
thay already stole a year of my pension from me .that is 8 thousand pounds from my 65 to my 66 birthdays. 8 grand down happy days and well done to all tory voters and boris .he spent 2 hundred thousand pounds on wallpaper and paint.
Why would you do this your making people's lives hell
Im 21 right now and i know for a fact when it comes round to being my turn to enjoy my pension, it will be scrapped because it will be just too expensive and too much of a burden on the ever shrinking work force and young people.
Well the TUC are so out of touch with the workers and people it claims to represent. Shockingly I agree with an ex Tory MP and the NUS more than a workers union that is meant to support young people and hard working people. The idea that a rise in pensions today is going to benefit young people in 30 to 40 years time.
You won’t be young forever, this will affect you in the long term, that’s if you even can afford to retire. The way things are going it’s very likely we’ll be wheeling our sorry arses to work on zimmer frames well into our 70s!
just as a matter of interest as a pensioner I have less income than in 2019. my utility bills as the same as those with two incomes, I have one and have had to resort to heating my home for two hours a day to avoid getting in debt. my income is in what is called the poverty trap which precludes any help. the triple lock this year would have been such a great help
Here we go. Rip off those who have worked hard for this country. Sunak must be publicly sent to da gallows. End the Tory party.
And you expect us young people to work our entire lives for this LOL I don’t think so
I put the blame squarely on da Home Office for bringing in Sunak and Javid and Patel and Van Tam and Zahawi, etc
Why, because the are Asian?
@@monterom771 Don't feed the troll, mate.
@@monterom771 Hardly. Don't rate your self that high. Hindians.
It could, but will it?
No.
I am a pensioner and I don't mind if I don't get any extra while the younger people are losing so much.
Generally speaking, the elderly have the most stable set of assets and the main reason for their financial difficulties is largely down to insisting on remaining in a 3 or 4 bed home when they should be downsizing in line with their income.
8% increase to pension is ludicrous when pensioners’ lifestyles have been impacted the least overall compared to other age brackets.
"Generally speaking", wild, swinging and ignorant comment at best. Youre talking about a minority, not generally.
Crap. The reason is the socialist took their pension contributions and spent the lot.
Now you are saying they should give up their homes to cure the problem caused by illegal migration
we have lowest state pension in europe , and everyone gets one even the youth
@@boofuu3145 And? The total state pension debt without assets is 14 trillion
Your share is £600,000 and this year's increase £60,000
The pensions are low because you are evading paying the tax to pay the pensions.
@@Nickle314 evading paying tax? I have been paying tax my entire working life from 16 years of age , manufactured your surroundings within the steel industry , get a grip
All the while you can't use a free NHS test to travel instead you have to pay 100 odd quid to a private firm... Most likely Hancock's mates!
String these buggers up enoughs enough
That'd be a waste of string.
Take it from foreign aid
uk wealth $3.174 trillion eatch year so 3b? so??? they waste many many more times that on stuff
8% they would have pensioners queuing up to vote Tory days in advance of any election
We absolutely should not abolish the triple lock. Pensions are vitally important and we should be fighting for better pensions for the current working age population. Social democracy is for all, not just the young.
What's vitally important about pensioners?
@@oli1632 Treat the elderly like how you expect to be treated in old age.
@@RomanHistoryFan476AD I treat the elderly with respect and I’m not opposed to increasing the state pension. My question was how are pensioners vitally important.
@@oli1632 Because they are our parents or grandparents. They have decades of wisdom, they are voters, and they built the nation we live in today.
Nice to watch, thank for sharing
Unbelievable...
Picking the pensioners pockets.
Breaking that pledge will be handing Labour victory.
Sounds fair to me. The Tories aren't fit to run the country. Unless it's into the ground. Defund the Tories.
@@jackdubz4247 Marxists are worse.
A long term compound investment bond where the interest builds upon the interest replaces a pension people can retire earlier to better retirements, then a typical pension scheme.
If conservatives don't honour their pledge the will lose the pensioner vote (of which I am one) at the next election. State pensioners have been let down for decades by one government or the other. Don't forget, it isn't a handout. We had to pay into our State pension fund out of our wages, and if we missed payments we would not get a full one. It's a big fiddle and of course the elderly are easy to kick around.
What’s the state pension age now?
What’s life expectancy?
66 and 78 respectively…..
Many pensioners today started working in their early teens or sooner…….for the chance to one day be able to rest for 12 years! And live off of a small part of what they contributed
Pick on pensioners we work all our lives some of us in all types of weather we get all sorts of problems with health some of us don't even make retirement age and still we are the easy target want to look at saving money by cutting back on hand outs with immigrants after all most Pensioners have worked more than there fair share of there life you have already taken-6years of pensions from most women how many billions has this saved
Pensioners have long memories. Pensioners vote. Not all pensioners are wealthy have savings or own property. Many don't even get what they are entitled to. Many are poor.
A vast minority of pensioners are not well off. It is not unfair to younger people either as they will get it when they retire.
The whole country has put it's life on hold to protect the elderly, and now we are rewarding..............the elderly.
The people who spent 50 years helping to build the country. YOU aren't rewarding the elderly - they're simply receiving back some of what they put into the system. It's not as though pensioners were living in luxury before.
@@Martial-Mat Really? You do realise that any increase in the state pension is not funded by past NI contributions, it comes from NI contributions today, people are paying into a Ponzi scheme of which they'll never see a pay out when it comes for them to retire.
@@mudss8294 we have lowest state pension in europe , and everyone gets one even the youth
we have lowest state pension in europe , and everyone gets one even the youth
@@mudss8294 Past contributions should have been invested such that they earned in line with or greater than inflation. If the government has failed to manage that, previous contributors should not have to suffer. The covernment can always find money for a war, MP salaries, or to piss away on frivolous rail schemes. Paying pensioners who compulsorily paid into the system for decades enough to live on, when we pay billions to foreign immigrants should not be a challenge.
As a pensioner my opinion is we cannot do it, it’s totally abhorrent to spend our children’s taxes in this way!
ruclips.net/video/Fm-2wUwX8UU/видео.html
Leave pensions alone. We work hard for our money.
How dare the bbc even THINK of putting out this question.
My elderly relatives license fee is hanging in the balance. They pay annual.
They won't be renewing next year.
I agree I worked for 50 years to pay in now I believe you only have to do 30 to get the full pension which is more than my state pension!! How fair is that pay in for longer to get less. Strange how equal rights does not apply there.
We were only talking about £5 more in my case , in April last year I got a £3.40 rise,c 8% of a small pension is not like 8% of the minimum wage , I wish the would not keep calling it a massive rise
My pensions is the same as last year
Then just raise the taxes
ruclips.net/video/Fm-2wUwX8UU/видео.html
Making excuses to not raise pension has always been the easy way for all Governments.....
I am a long way away from pension but I believe one has to make space for the elderly..... After all didn't the Government pay them lesser (compared to private companies) just because they would be eligible for pension on retirement?....
Now (after saving on the salary for decades) if the Government feels a budget crunch towards pension ....then it's just pure nonsense and improper economic planning....
Not catering for adequate pension or not raising adequately is just atrocious... Besides every Government has an ever increasing debt... Does any Government have any concrete plan to reduce this debt?
Did you hear the beautiful comments by the lady and the news reader.... It goes something like: -
1. "It would be incorrect to pitch the younger generation against the pensioners... Both want the best for each other...
2. Cutting on pension doesn't necessarily mean the money will go to the students... It could go for a Royal Yatch (figuratively)....
God save modern economic policy....
Yes.
bbc, what is that on table near nicholas?
We ignore the wage reductions but take the rises then? What a stupid system, it should just be pegged to average wages of young people.
Privatization of pensions, NHS and education
keep voting Tories...
Back to the 1600hundreds then
3 Billion is Nothing Its the Correct Thing to do
Why bother ??? Every time it 8ncreases bills go up nothing ever changes.
There isn't a finite amount of money liars
ruclips.net/video/Fm-2wUwX8UU/видео.html
@@borisjohnsonburner5389 ruclips.net/video/DNCZHAQnfGU/видео.html
I thought 8 percent was only a forecast that earnings would rise by that amount. Also i dont know if could just use the rate of inflation rate regardless of the earnings growth as long as was guaranteed was only temporary . Of course this should not be used as a young people vs old as everybody will eventually gain from better state pensions when it comes time to retire. I think we are all going to pay or have paid for the covid thing with cost of furlough etc one way or the other including even tax rises of some sort.
£3 Billion? The farmers receive £3.5 billion EVERY year plus all the freebies.
If they can bail out the banks they can pay the pension
Three billion, make the bank of London loan it to you
And you’ll pay the interest with taxes
@@coolcat6103 good
@@coolcat6103 tax the rich to pay for that
@@hustler3of4culture3 yep!!
Raise the taxes
ruclips.net/video/Fm-2wUwX8UU/видео.html
Make them pay more. They created all the problems today. Elder fool.
I am a pensioner got nothing from this pandemic but still have to pay for it , and now this , these b,stards need to be culled !!!
This man just has to be A TORY.
Can we work on forgiving student loans or some portions of it before putting money into linking up with aliens